ICICI Prudential Gilt Fund Direct Growth
DebtGovernment BondModerate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹6,692 Cr
Expense Ratio
0.56%
ISIN
INF109K018C5
Minimum SIP
₹5,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹104.49, Assets Under Management (AUM) of 6692.38 Crores, and an expense ratio of 0.56%.
- ICICI Prudential Gilt Fund Direct Growth has given a CAGR return of 8.65% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 65.29% in debts, and 34.71% in cash & cash equivalents.
- You can start investing in ICICI Prudential Gilt Fund Direct Growth with a SIP of ₹5000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.79%
+8.99% (Cat Avg.)
3 Years
+6.71%
+5.74% (Cat Avg.)
5 Years
+7.94%
+6.13% (Cat Avg.)
10 Years
+8.80%
+6.88% (Cat Avg.)
Since Inception
+8.65%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹4,369.44 Cr | 65.29% |
| Others | ₹2,322.94 Cr | 34.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹2,886 Cr | 43.12% |
| 7.93% Govt Stock 2033 | Bond - Gov't/Treasury | ₹1,070.17 Cr | 15.99% |
| Treps | Cash - Repurchase Agreement | ₹801.78 Cr | 11.98% |
| 182 DTB 28112024 | Bond - Gov't/Treasury | ₹298.58 Cr | 4.46% |
| 91 DTB 28112024 | Bond - Gov't/Treasury | ₹298.58 Cr | 4.46% |
| 182 DTB 26122024 | Bond - Gov't/Treasury | ₹247.59 Cr | 3.70% |
| 364 DTB 0205202407112024 | Bond - Gov't/Treasury | ₹194.79 Cr | 2.91% |
| 6.89% Govt Stock 2025 | Bond - Gov't/Treasury | ₹150.07 Cr | 2.24% |
| 191 DTB 30012025 | Bond - Gov't/Treasury | ₹120.93 Cr | 1.81% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹115.07 Cr | 1.72% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹110.58 Cr | 1.65% |
| 364 DTB 14112024 | Bond - Gov't/Treasury | ₹99.77 Cr | 1.49% |
| 91 DTB 05122024 | Bond - Gov't/Treasury | ₹99.4 Cr | 1.49% |
| 364 Day T-Bill 30.01.25 | Bond - Gov't/Treasury | ₹98.42 Cr | 1.47% |
| Net Current Assets | Cash | ₹-89.46 Cr | 1.34% |
| 7.53% Govt Stock 2034 | Bond - Gov't/Treasury | ₹75.82 Cr | 1.13% |
| West Bengal (Government of) | Bond - Sub-sovereign Government Debt | ₹51.83 Cr | 0.77% |
| 182 DTB 20022025 | Bond - Gov't/Treasury | ₹49.02 Cr | 0.73% |
| Rajasthan (Government of ) | Bond - Sub-sovereign Government Debt | ₹10.39 Cr | 0.16% |
| 08.03 GOI FCI 2024 | Bond - Gov't Agency Debt | ₹2.5 Cr | 0.04% |
| 08.05 RJ Sdl 2025feb | Bond - Gov't/Treasury | ₹0.56 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹5,915.34 Cr | 88.39% |
| Cash - Repurchase Agreement | ₹801.78 Cr | 11.98% |
| Cash | ₹-89.46 Cr | 1.34% |
| Bond - Sub-sovereign Government Debt | ₹62.22 Cr | 0.93% |
| Bond - Gov't Agency Debt | ₹2.5 Cr | 0.04% |
Risk & Performance Ratios
Standard Deviation
This fund
1.99%
Cat. avg.
2.48%
Lower the better
Sharpe Ratio
This fund
0.41
Cat. avg.
-0.10
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.09
Higher the better
Fund Managers
Manish Banthia
Since January 2024
Raunak Surana
Since January 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF109K018C5 | Expense Ratio 0.56% | Exit Load No Charges | Fund Size ₹6,692 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY All Duration G-Sec TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Government Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mirae Asset Nifty 8-13 yr G-Sec ETF Moderate Risk | 0.1% | - | ₹86.09 Cr | 9.7% |
| Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight Low to Moderate Risk | 0.2% | - | ₹5282.20 Cr | 8.2% |
| Nippon India Gilt Securities Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹2093.77 Cr | 9.2% |
| Tata Gilt Securities Fund Regular Growth Moderate Risk | 1.4% | 0.0% | ₹873.66 Cr | 8.5% |
| BHARAT Bond ETF April 2033 Moderate Risk | 0.0% | - | ₹5991.15 Cr | 10.2% |
| Franklin India Government Securities Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹151.45 Cr | 7.4% |
| HDFC Gilt Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹2815.51 Cr | 9.0% |
| UTI Gilt Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹663.24 Cr | 9.1% |
| ICICI Prudential Gilt Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹6692.38 Cr | 8.2% |
| SBI Magnum Gilt Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹10936.89 Cr | 9.0% |
About the AMC
ICICI Prudential Mutual Fund
Total AUM
₹8,99,267 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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- Manish Banthia
- Raunak Surana
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